Indonesia's PLN to receive $200m Japanese loan for renewable energy

Deal to be signed Friday under Asia Zero Emission Community initiative

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A geothermal power plant in Indonesia. Japan will provide loans to help the country accelerate its transition to clean energy. (Photo obtained by Nikkei)

MASAHISA TANAKA, Nikkei staff writer

TOKYO -- Banks in Japan will lend $200 million to Indonesian state-owned power company PLN as part of a Tokyo-backed effort to speed a transition from coal to renewable energy.

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